Tuesday, February 12, 2013

We own land! Give us money!

The Locked Out Generation: ‘Time to Save a Deposit for a Home Triples In a Decade’

Stewart Baseley, HBF Executive Chairman, said today: “This report reveals the extent of our housing crisis and the challenge faced by today’s young people. Unlike previous generations that took home ownership for granted, today’s generation have a mountain to climb if they wish to own their own home. We are creating a locked out generation. “However, there is some light at the end of the tunnel and there are now several ways for people to buy with a more normal deposit. Government backed schemes such as Newbuy are offering real options for people looking to buy – or move home – and we are seeing more and more take advantage.”

Posted by mark wadsworth @ 12:43 PM (1118 views)
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3 thoughts on “We own land! Give us money!

  • “we are seeing more and more take advantage”

    There’s a bit more truth there than intended. Who is taking advantage of whom?

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  • Hurry hurry before you miss the boat!

    I think this boat is going nowhere fast.

    It’s passengers are all unwell, it’s lifeboats are lethally unfit for purpose and it’s captain is an impresario with no moral scruples.

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  • An impresario who has just run it aground, waving to his banking friends onshore.

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